Bluepoint Solutions Launches New Version of QwikDeposit Pro Merchant Capture

Bluepoint Solutions today introduced the latest version of its merchant remote deposit capture (RDC) solution, QwikDeposit Pro. QwikDeposit Pro improves usability with a redesigned user interface that reduces training and allows financial institutions to speed adoption and attract business accounts. The solution gives merchants the power to easily deposit checks from an office location at any time of day using a multi-check scanner and Internet connection.

QwikDeposit Pro provides added convenience and security to business account holders, enabling quicker availability of funds and eliminating physical transportation of checks, as well as applying sophisticated multi-factor authentication to deposit activity. The self-service RDC solution automatically totals and balances batches of checks deposited directly from the business location, reducing a financial institution's operational expenses and teller traffic by enabling large-volume business deposits to be conducted outside of the branch. Image quality analysis, MICR line correction, CAR/LAR verification and duplicate detection are automatically performed, allowing the merchant to make corrections prior to transmission.

QwikDeposit Pro is designed specifically to meet the needs of community financial institutions and to help in their efforts of building market share among small businesses. With more than 20 million small businesses in the United States, this represents a significant area of growth for community institutions.

"Bluepoint has redesigned QwikDeposit Pro from the perspective of the business user," said Andrew Tilbury, chief marketing officer of Bluepoint Solutions. "By doing so, we have created an attractive, competitive service offering for small business banking account holders. This product is easier to deploy and maintain for institutions and reduces large-volume teller transactions that consume valuable time and resources inside the branch. Merchant capture provides a critical service to businesses that allows them to manage their businesses more effectively, securely, and conveniently."

QwikDeposit Pro supports multiple accounts for deposits and is compatible with most check scanners. Deposits can be combined with all other Bluepoint capture points, both in-branch and remote, to compile checks into a single cashletter, perform enterprise-wide duplicate detection and provide a unified check archive for simplified research.

About Bluepoint Solutions

Bluepoint Solutions provides end-to-end payment processing and content management solutions to community financial institutions. More than 1,400 credit unions and community banks nationwide have deployed its enterprise technology, including the largest corporate credit unions and credit union service organizations in the country. Learn more at http://www.bluepointsolutions.com.

SOURCE: BUSINESS WIRE